Asia Pacific Prebiotics Market size surpassed USD 1.4 billion in 2019 and is projected to exhibit a CAGR of 10.5% between 2020 and 2026.
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Prebiotics are the compounds in food mainly found in plant base dietary fibers that help to increase the growth of the beneficial bacteria. It can be taken as a nutritional supplement for promoting overall growth and energy. Prebiotic help in aiding various health problems such as the gastrointestinal tract reduces inflammation and inflammatory bowel disease. Also, it helps to support healthy digestion and immune function, thus this will be propelling the overall prebiotic sector growth over the forecast period.
Asia Pacific Market, By Ingredient
The inulin segment accounted for 560 million market share in 2019. Insulin prebiotic is easily available, extracted from natural sources including banana, grapes, watermelon, garlic, and other vegetables. It has several health benefits such as used to treat diarrhea, irritable bowel syndrome, promote weight loss, and allergic disorders. Inulin is widely used to treat diabetes due to its increased antioxidant activity.
The Mannan-oligosaccharide (MOS) ingredient segment from Asia Pacific prebiotics market will observe around 11.5% growth rate during the forecast period. Mannan-oligosaccharide (MOS) consists of complex carbohydrate molecules, beta-glucans(mannoproteins), which are responsible for the activation of the immune system in animals.it is also used as a growth promoter in poultry and other animal nutrition.
The dietary supplement application segment will witness 10% CAGR through 2026, due to rising consumer awareness towards the consumption of nutritional supplements such as proteins, carbohydrates for sustaining ideal nutritional levels, and retaining muscle mass. Moreover, rising awareness concern of protein benefits for an active and healthy lifestyle is expected to foster the demand for prebiotic-rich dietary supplement products.
Shifting consumer preference for plant-based nutritional diet, and the growing concerns regarding gut health are the major factors which are driving demand for prebiotic products. Also, consumers are spending on health improvement products, such as food nutrition, food supplements, protein powders, which help to maintain overall health and boost energy. Growing trends in the consumption of organic food are also expected to boost the market demand. Furthermore, manufacturers are focusing on strategic approaches such as mergers, expansion, acquisitions, and partnerships to develop a strong product portfolio and increase productivity.
Competitive Industry Landscape
Major players involved in the Asia Pacific prebiotics market are Yakult Honsha Co.Ltd. Netsle S.A, Alltech, Inc., Cargill, Inc., Beneo GmbH, Friesland Campina Domo, and Beghin Meiji (Tereos S.A.).